Strides Commerce Profile
Key Indicators
- Authorised Capital ₹ 2.25 Cr
- Paid Up Capital ₹ 2.25 Cr
- Company Age 9 Year, 18 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 6.00 M
- Satisfied Charges ₹ 40.00 Cr
- Revenue Growth -68.32%
- Profit Growth 23981.89%
- Ebitda 223.08%
- Net Worth 1.40%
- Total Assets -10.94%
About Strides Commerce
Strides Commerce Private Limited (SCPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 April 2016 (Nine years 18 days old ). Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the E-Commerce Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.25 Cr and a paid-up capital of Rs 2.25 Cr.
The company currently has active open charges totaling ₹6.00 M. The company has closed loans amounting to ₹40.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Lingala Krishnaiahsetty, Lingala Sumanth, and Lingala Hemanth serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999KA2016PTC092439
- Company No.
092439
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Apr 2016
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
E-Commerce
Strides Commerce Private Limited
Explore comprehensive data for Strides Commerce Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Strides Commerce?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Lingala Hemanth  | Director | 22-Apr-2016 | Current |
| Lingala Krishnaiahsetty | Director | 22-Apr-2016 | Current |
| Lingala Sumanth | Director | 22-Apr-2016 | Current |
Financial Performance of Strides Commerce.
Strides Commerce Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 68.32% decrease. The company also saw a substantial improvement in profitability, with a 23981.89% increase in profit. The company's net worth moved up by a moderate rise of 1.4%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Strides Commerce?
In 2023, Strides Commerce had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Speedtail Ventures Llp
Lingala Krishnaiahsetty, Lingala Sumanth and 1 more are mutual person
- Namma Sunrise Arcade Llp
Lingala Krishnaiahsetty is a mutual person
- Quantum Capital And Ventures Llp
Lingala Krishnaiahsetty, Lingala Sumanth and 1 more are mutual person
- Greentree Spaces Llp
Lingala Krishnaiahsetty, Lingala Sumanth and 1 more are mutual person
- Dnc Realty Llp
Lingala Krishnaiahsetty is a mutual person
- M3 Promoters Private Limited
Lingala Krishnaiahsetty, Lingala Sumanth and 1 more are mutual person
Charges (Loans)
Open Charges
₹0.60 Cr
Satisfied Charges
₹40.00 Cr
Charges Breakdown by Lending Institutions
- Others : 0.60 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Sep 2020 | Others | ₹6.00 M | Open |
| 28 Jul 2021 | Others | ₹1.00 Cr | Satisfied |
| 01 Feb 2018 | Others | ₹25.00 Cr | Satisfied |
| 10 Nov 2016 | Axis Bank Limited | ₹14.00 Cr | Satisfied |
How Many Employees Work at Strides Commerce?
Strides Commerce has a workforce of 9 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Strides Commerce, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Strides Commerce's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Strides Commerce
Recent activity within the organization
- Annual General Meeting
Strides Commerce Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Strides Commerce Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge registered on 28 Jul 2021 via Charge ID 100470707 with Others was fully satisfied on 15 Feb 2023.
- Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100470707 was registered on 28 Jul 2021.
- Charges
A charge with Others amounted to Rs. 0.60 Cr with Charge ID 100385859 was registered on 22 Sep 2020.
- Charges
A charge registered on 01 Feb 2018 via Charge ID 100155013 with Others was fully satisfied on 13 Jul 2019.
Frequently asked questions
What is the Incorporation or founding date of Strides Commerce Private Limited?
Strides Commerce Private Limited was incorporated on 22 Apr 2016.
What is authorized share capital and paid-up capital of Strides Commerce Private Limited?
The authorized share capital of Strides Commerce Private Limited is ₹ 2.25 Cr and paid-up capital is ₹ 2.25 Cr.
Who are the current board members & directors of Strides Commerce Private Limited?
Currently 3 directors are associated with Strides Commerce Private Limited.
- Lingala Mani Krishnaiahsetty
- Lingala Mani Sumanth
- Lingala Mani Hemanth
What is the registered address of Strides Commerce Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Strides Commerce Private Limited is 369 Basement Floor Ground Floor Sarathy Arcade 13Th Cross, 30Th Main Banashankari 2Nd S Tage India, Bangalore, Karnataka, 560070.
What is the corporate identification number (CIN) and company number of Strides Commerce Private Limited?
The corporate identification number (CIN) of Strides Commerce Private Limited is U74999KA2016PTC092439 and the company number is 092439 as per Ministry of Corporate Affairs (MCA).
What is the official website of Strides Commerce Private Limited?
The Official website of Strides Commerce Private Limited is https://www.stridescommerce.in
What has been the recent revenue trend for Strides Commerce Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Strides Commerce Private Limited has fallen by -68.32%.
How many employees does Strides Commerce Private Limited currently have?
As Per 2023 financial reports, 9 employees are currently employed by Strides Commerce Private Limited.
What change has been observed in the net worth of Strides Commerce Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Strides Commerce Private Limited has experienced an upsurge of 1.40%.
What are the total open charges for Strides Commerce Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Strides Commerce Private Limited amount to ₹ 6.00 M.
When was the last Balance Sheet of Strides Commerce Private Limited filed with the ROC?
The most recent Balance Sheet for Strides Commerce Private Limited was filed with the ROC on 31 Mar 2024.
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